fb

Kaya Biz

463 Results / Page 9 of 52

Labour Department raises alarm over mass retrenchments in South Africa

Kaya Biz

Labour Department raises alarm over mass retrenchments in South Africa

Over 250 000 jobs at risk as major companies issue retrenchment notices. Katlego Sekhu Photo by Ron Lach : https://www.pexels.com/photo/homeless-man-holding-cardboard-in-hands-9830110/ The Department of Employment and Labour has raised concerns about a wave of retrenchment notices issued by major companies in South Africa, which could ultimately affect more than 250 000 people. Minister of Employment and Labour, Nomakhosazana Meth, said she was “gravely concerned” about the retrenchments at Ford South Africa, […]

today04/09/2025

How entrepreneurs can unlock opportunities in the education sector

Kaya Biz

How entrepreneurs can unlock opportunities in the education sector

SMEs can drive inclusion and growth in South Africa’s education system Katlego Sekhu Image by prostooleh on Freepik The education sector in South Africa remains one of the country’s major challenges. Many public schools struggle to achieve positive results, while private schools are too costly for many households to afford. This challenge signals a gap in the market and creates an opportunity for small and medium enterprises (SMEs) in the […]

today02/09/2025

Jannie Mouton Foundation offers R7.2 billion to transform Curro into a non-profit school network

Kaya Biz

Jannie Mouton Foundation offers R7.2 billion to transform Curro into a non-profit school network

Zuko Komisa Image | Curro /Facebook Capitec founder Jannie Mouton's foundation is offering R7.2 billion to acquire and delist Curro Holdings, planning to convert it into a non-profit education organisation. The deal offers shareholders a significant premium, with all future profits set to be reinvested into expanding access to quality education, particularly in underserved communities. This move is being hailed as a landmark philanthropic act for South Africa, aiming to […]

today28/08/2025

Best of Kaya Biz: Capitec hits 25 million customers mark, Eskom’s comeback and TikTok’s ownership crisis

Kaya Biz

The best of Kaya Biz: Company results season, Rand manipulation case and the end of Murray & Roberts

Sinenjabulo Sibeko Image: Kaya Biz with Gugulethu Mfuphi This week the markets were buzzing with company results season in full swing. We heard directly from the leaders of some of South Africa’s biggest companies, including MTN Group CEO Ralph Mupita and Absa’s Financial Director Deon Raju as they unpacked their performance and outlook. At the same time, the Constitutional Court heard arguments in the long-running rand manipulation case, a decade-long […]

today22/08/2025

Rising costs hit South African households

Kaya Biz

Rising costs hit South African households

Zuko Komisa Image | Adobe Stock South Africa’s consumer inflation has climbed to a ten-month high of 3.5% in July, driven mainly by rising food costs. Meat and vegetables are leading the price increases, though dairy, eggs, and coffee are now cheaper. Household costs are also rising, with higher municipal tariffs for water and electricity, along with an increase in fuel prices. South Africa's consumer inflation has reached a ten-month […]

today20/08/2025

The best of Kaya Biz: Rand manipulation battle heads to court, SA’s car boom, and #FinTok’s growing influence

Kaya Biz

The best of Kaya Biz: Rand manipulation battle heads to court, SA’s car boom, and #FinTok’s growing influence

Sinenjabulo Sibeko Kaya Biz with Gugulethu Mfuphi This week on Kaya Biz, we revisited the rand manipulation saga, a story that’s been simmering for nearly a decade. Two of South Africa’s biggest banks, FirstRand and Standard Bank, are taking the Competition Commission to the Constitutional Court, arguing that accusations of rand-fixing have cost them dearly in reputation and revenue. It’s a case that could set a major precedent in the […]

today15/08/2025

Billions paid out as life insurers settle the majority of claims

Kaya Biz

Billions paid out as life insurers settle the majority of claims

Zuko Komisa Image | Adobe Stock South African life insurers paid out R39.5 billion in death and funeral benefits in 2024, settling 95.6% of claims. A total of 914 258 claims were processed by ASISA members, with 873,825 being successfully paid. The 40,433 claims that were declined were mainly due to dishonesty, fraud, or contractual exclusions like suicide within the first two years. Life insurers in South Africa, represented by […]

today14/08/2025

Unemployment rises again as job losses mount

Kaya Biz

Unemployment rises again as job losses mount

Zuko Komisa Image | Adobe Stock South Africa's unemployment rate has risen to 33.2% in the second quarter. The economy shed 140 000 jobs, bringing the number of unemployed people to 8.4 million. Only 16.8 million people are currently employed out of a working-age population of 41.8 million. South Africa's unemployment rate has climbed for the second consecutive quarter, reaching 33.2% in the second quarter of the year. This marks […]

today13/08/2025

The best of Kaya Biz: KPMG’s new CEO, surging vehicle sales, and the e-commerce threat to local jobs

Kaya Biz

The best of Kaya Biz: KPMG’s new CEO, surging vehicle sales, and the e-commerce threat to local jobs

Njabulo Sibeko Kaya Biz with Gugulethu Mfuphi This week on Kaya Biz, we reflected on the first anniversary of South Africa’s Government of National Unity and whether this political experiment has made any meaningful contributions to the country’s economy. One thing is clear: while the coalition hasn’t yet delivered an economic boom, it has proven that politicians from different camps can work together when the stakes are high. In other […]

today08/08/2025

QUICK LINKS

UpComing Shows

DownLoad Our Mobile App

Privacy Policy

THIS PRIVACY STATEMENT FORMS PART OF KAYA 959’S TERMS OF USE POLICY. IF YOU DO NOT AGREE WITH ANY TERM OF THIS PRIVACY STATEMENT, YOU MUST CEASE YOUR ACCESS OF THIS WEBSITE IMMEDIATELY. 

POPIA ActTo promote the protection of personal information processed by public and private bodies; to introduce certain conditions so as to establish minimum requirements for the processing of personal information; to provide for the establishment of an Information Regulator to exercise certain powers and to perform certain duties and functions in terms of this Act and the Promotion of Access to Information Act, 2000; to provide for the issuing of codes of conduct; to provide for the rights of persons regarding unsolicited electronic communications and automated decision making; to regulate the flow of personal information across the borders of the Republic; and to provide for matters connected therewith.

RECOGNISING THAT—

  • section 14 of the Constitution of the Republic of South Africa, 1996, provides that everyone has the right to privacy;
  • the right to privacy includes a right to protection against the unlawful collection, retention, dissemination and use of personal information;
  • the State must respect, protect, promote and fulfil the rights in the Bill of Rights;

AND BEARING IN MIND THAT—

  • consonant with the constitutional values of democracy and openness, the need for economic and social progress, within the framework of the information society, requires the removal of unnecessary impediments to the free flow of information, including personal information;

AND IN ORDER TO—

  • regulate, in harmony with international standards, the processing of personal information by public and private bodies in a manner that gives effect to the right to privacy subject to justifiable limitations that are aimed at protecting other rights and important interests,
  1. Definitions and Interpretation

1.1.“Personal Information” means information relating to an identifiable, living, natural person and where it is applicable, identifiable, existing juristic person, including all information as defined in the Protection of Personal Information Act 4 of 2013. 

1.2  Parliament assented to POPIA on 19 November 2013. The commencement date of section 1Part A of Chapter 5section 112 and section 113 was 11 April 2014. The commencement date of the other sections was 1 July 2020 (with the exception of section 110 and 114(4). The President of South Africa has proclaimed the POPI commencement date to be 1 July 2020.

 
1.3. “Processing” means the creation, generation, communication, storage, destruction of personal information as more fully defined in the Protection of Personal Information Act 4 of 2013.  

1.4. “You” or the “user” means any person who accesses and browses this website for any purpose. 

1.4. “Website” means the website of the KAYA 959 at URL www.kaya959.co.za or such other URL as KAYA 959 may choose from time to time.   

  1. Status and Amendments

2.1. KAYA 959 respects your privacy. This privacy policy statement sets out KAYA 959’s information gathering and dissemination practices in respect of the Website. 

2.2. This Privacy Policy governs the processing of personal information provided to KAYA 959 through your use of the Website. 

2.3. Please note that, due to legal and other developments, KAYA 959 may amend these terms and conditions from time to time.  

  1. Processing of Personal Information

3.1. By providing your personal information to KAYA 959 you acknowledge that it has been collected directly from you and consent to its processing by KAYA 959. 

3.2. Where you submit Personal Information (such as name, address, telephone number and email address) via the website (e.g. through completing any online form) the following principles are observed in the processing of that information: 

3.2.1. KAYA 959 will only collect personal information for a purpose consistent with the purpose for which it is required. The specific purpose for which information is 
collected will be apparent from the context in which it is requested. 

3.2.2. KAYA 959 will only process personal information in a manner that is adequate, relevant and not excessive in the context of the purpose for which it is processed. 

3.2.3. Personal information will only be processed for a purpose compatible with that for which it was collected, unless you have agreed to an alternative purpose in writing or KAYA 959 is permitted in terms of national legislation of general application dealing primarily with the protection of personal information. 

3.2.4. KAYA 959 will keep records of all personal Information collected and the specific purpose for which it was collected for a period of 1 (one) year from the date on which it was last used. 

3.2.5. KAYA 959 will not disclose any personal information relating to you to any third party unless your prior written agreement is obtained or KAYA 959 is required to do so by law. 

3.2.6. If personal information is released with your consent KAYA 959 will retain a record of the information released, the third party to which it was released, the reason for the release and the date of release, for a period of 1 (one) year from the date on which it was last used. 

3.2.7. KAYA 959 will destroy or delete any personal information that is no longer needed by KAYA 959 for the purpose it was initially collected, or subsequently processed. 

3.3. Note that, as permitted by the Electronic Communications and Transactions Act 25 of 2002, KAYA 959 may use personal information collected to compile profiles for statistical purposes. No information contained in the profiles or statistics will be able to be linked to any specific user.    

  1. Collection of anonymous data

4.1. KAYA 959 may use standard technology to collect information about the use of this website. This technology is not able to identify individual users but simply allows KAYA 959 to collect statistics. 

4.2. KAYA 959 may utilise temporary or session cookies to keep track of users’ browsing habits. A cookie is a small file that is placed on your hard drive in order to keep a record of your interaction with this website and facilitate user convenience. 

4.2.1. Cookies by themselves will not be used to identify users personally but may be used to compile identified statistics relating to use of services offered or to provide KAYA 959 with feedback on the performance of this website. 

4.2.2. The following classes of information may be collected in respect of users who have enabled cookies: 

4.2.2.1. The browser software used; 

4.2.2.2. IP address; 

4.2.2.3. Date and time of activities while visiting the website; 

4.2.2.4. URLs of internal pages visited; and 

4.2.2.5. referrers. 

4.3. If you do not wish cookies to be employed to customize your interaction with this website it is possible to alter the manner in which your browser handles cookies. Please note that, if this is done, certain services on this website may not be available. 

  1. Security

5.1. KAYA 959 takes reasonable measures to ensure the security and integrity of information submitted to or collected by this website, but cannot under any circumstances be held liable for any loss or other damage sustained by you as a result of unlawful access to or dissemination of any personal information by a third party. 

  1. Links to other websites

6.1. KAYA 959 has no control over and accepts no responsibility for the privacy practices of any third party websites to which hyperlinks may have been provided and KAYA 959 strongly recommends that you review the privacy policy of any website you visit before using it further. 

  1. Queries

7.1. If you have any queries about this privacy policy please contact us by emailing [email protected]